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Eastman Chemical (EMN)
NYSE:EMN
Holding EMN?
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EMN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$80.71 - $114.50
Previous Close$91.76
Volume2.50M
Average Volume (3M)1.03M
Market Cap
$10.44B
Enterprise Value$15.56B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$5.05B
Price to Earnings (P/E)12.0
Beta1.06
Next Earnings
Jan 23, 2025EPS Estimate
$1.6Last Dividend Ex-Date
Dec 16, 2024Dividend Yield3.6%
Share Statistics
EPS (TTM)7.47
Shares Outstanding115,912,596
10 Day Avg. Volume6,091,385
30 Day Avg. Volume1,033,499
Standard Deviation0.10
R-Squared0.61
Alpha-0.00528
Financial Highlights & Ratios
Price to Book (P/B)1.88
Price to Sales (P/S)1.12
Price to Cash Flow (P/CF)6.60
P/FCF Ratio8.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.67
Enterprise Value/Gross Profit7.55
Enterprise Value/Ebitda8.60
Forecast
1Y Price Target
$116.92Price Target Upside27.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Eastman Chemical News
PremiumCompany Announcements
Eastman Chemical Aims for Growth via Circular Economy
Bulls Say, Bears Say
Bulls Say
Circularity And RecyclingEastman Chemical Company holds a first mover advantage with its Kingsport methanolysis facility being the first commercial-scale advanced recycling plant.
Financial PerformanceAnalyst recommends an upgrade for Eastman Chemical Company due to expected steady EPS growth, a strong balance sheet, and new product momentum.
Operational Efficiency And GrowthEastman Chemical Company is expected to achieve significant EPS growth despite low demand growth due to improved operations and cost savings.
Bears Say
Financial PerformanceEstimates for future earnings per share (EPS) have been revised downwards for the years 2025 and 2026.
Market DemandThere is weaker demand noted for auto OEM windshield safety films, which could impact future performance.
Operational ChallengesThe Kingsport methanolysis ramp-up is facing additional complications, reducing expected benefits.
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Ownership Overview
0.63% Insiders
26.37% Mutual Funds
19.33% Other Institutional Investors
26.65% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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EMN FAQ
What was Eastman Chemical’s price range in the past 12 months?
Eastman Chemical lowest stock price was $80.70 and its highest was $114.50 in the past 12 months.
What is Eastman Chemical’s market cap?
Currently, no data Available
When is Eastman Chemical’s upcoming earnings report date?
Eastman Chemical’s upcoming earnings report date is Jan 23, 2025 which is in 33 days.
How were Eastman Chemical’s earnings last quarter?
Eastman Chemical released its earnings results on Oct 31, 2024. The company reported $2.26 earnings per share for the quarter, beating the consensus estimate of $2.151 by $0.109.
Is Eastman Chemical overvalued?
According to Wall Street analysts Eastman Chemical’s price is currently Undervalued.
Does Eastman Chemical pay dividends?
Eastman Chemical pays a Quarterly dividend of $0.829 which represents an annual dividend yield of 3.6%. See more information on Eastman Chemical dividends here
What is Eastman Chemical’s EPS estimate?
Eastman Chemical’s EPS estimate is $1.6.
How many shares outstanding does Eastman Chemical have?
Eastman Chemical has 115,912,600 shares outstanding.
What happened to Eastman Chemical’s price movement after its last earnings report?
Eastman Chemical reported an EPS of $2.26 in its last earnings report, beating expectations of $2.151. Following the earnings report the stock price went down -3.81%.
Which hedge fund is a major shareholder of Eastman Chemical?
Among the largest hedge funds holding Eastman Chemical’s share is Bridgewater Associates, LP. It holds Eastman Chemical’s shares valued at 13M.
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Eastman Chemical Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$116.92 (27.42% Upside)
$116.92 (27.42% Upside)
Blogger Sentiment
Bullish
EMN Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 278.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $17.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 4.0%
Last 30 Days ▼ 4.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.80%
12-Months-Change
Fundamentals
Return on Equity
16.08%
Trailing 12-Months
Asset Growth
3.19%
Trailing 12-Months
Company Description
Eastman Chemical
Eastman Chemical Co. engages in the provision of specialty chemicals. It operates through the following segments: Additives and Functional Products, Advanced Materials, Chemical Intermediates and Fibers. The Additives and Functional Products segment includes chemicals for products in the transportation, consumables, building and construction, animal nutrition, crop protection, energy, personal and home care, and other markets. The Advanced Materials segment produces and markets its polymers, films, and plastics with differentiated performance properties for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness markets. The Chemical Intermediates segment consists of large scale and vertical integration from the cellulose and acetyl, olefins, and alkylamines streams to support operating segments with advantaged cost positions. The Fiber segment offers cellulose acetate tow for use in filtration media, primarily cigarette filters. The company was founded by George Eastman in 1920 and is headquartered in Kingsport, TN.
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EMN Company Deck
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EMN Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presents a mixed sentiment with highlights in innovation-driven growth, improved cost structures, and significant support for the Texas methanolysis plant. However, these are balanced by challenges such as reduced methanolysis EBITDA expectations, consumer demand weakness, and delays in the France project.Read More>---
EMN Sales Breakdown
31.83% Advanced Materials
30.77% Additives & Functional Products
23.27% Chemical Intermediates
14.06% Fibers
0.07% Other
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EMN Stock 12 Month Forecast
Average Price Target
$116.92
▲(27.42% Upside)
Technical Analysis
Best Analysts Covering EMN
1 Year
1 Year Success Rate
16/25 ratings generated profit
1 Year Average Return
+18.68%
reiterated a buy rating 8 months ago
Copying Vincent Anderson's trades and holding each position for 1 Year would result in 64.00% of your transactions generating a profit, with an average return of +18.68% per trade.
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